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<br />NAN•UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />ig Acceleration; RemeNim Leader shalt give notice to Borrower prior to acceleration following Borrower's
<br />ken of any covenant or agreeweat is this Security Instrument (bat not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwbe). The notice shall specify: (a) the defanit; (b) the action required to care the
<br />detaslt; (e) a date, not less than 30 days from the date the notice is gives to Borrower, by which the default must be cured;
<br />and (d) that failure to care the default on or before the date specified In the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall farther Inform Borrower of the right to
<br />refaatate after acceleration and the right to faring a eoart action to assert Ile non - existence of a default or any other
<br />defense of Borrower to atecelenatlos and sal. if the default its not cured on or before the date specified in the notke, Leader
<br />at its option may require Immediate payment is fall of all suns weaved by this Security Instrument without !amber
<br />demand aall may invoke the power of sale and any other remedies permitted by applicable taw. Lender shall be entitled to
<br />collect all expeases incurred in pursuing the remedies provided in this paragraph 19, including; but not limited to,
<br />reason ble attorneys' fees and costs of title evideam .
<br />It the power of sale Is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of suet notice in the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable law. Alter the time requited by applicable law, Trustee shall give publk notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at politic auetiots to the highest bidder at the time and place and under the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sate of all or any parcel of the Property by
<br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at say sate.
<br />Upon recii of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The vitals in The Trustees dad shall be prism facie evidence of the truth of the statements made therein.:,
<br />Trustee shall apply the proceeds of the sale in the following order: !a) to all expenses of the sale, including; but not Umiud
<br />to, Trustee's fees sus permitted by applicable law and reasonable mttorneys' fees; (b) to all sums secured by this Security.
<br />Instrument; and (0 any extaess to the persons or persons legally entitled to it.
<br />20. Leader in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />person, by agent or by icdicWly appointed receiver) mall be entitled to enter upon, take possession of and manage the
<br />Property and to collect tluc:; "z of the Property inclui5ng those past due. Any rents collected by Under or the receiver
<br />shall be applied .first tee- roarurmt of the oasts of tnanzgement of the Property and collection of rents, including, but not
<br />limited to, recei-va'r s ;eesa .D-n> *.iums on rule tiver's bonds and reasonable attorneys' fees, and then to the sums secured fay.
<br />this Security Insu%=' - enz.
<br />21. Reeonvey�. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons
<br />legally entitled to it: Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender. at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed h -we rider by an instrument recorded in the county in which this Security Instrument is recorded..
<br />Without conveyance of the 1Prgxrty, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by appliml,,At::aw.
<br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Protpenn . Address.
<br />24. Riders to this Security Instrument. If on: or more riders are executed by Borrower and recor&-J together with
<br />this Security Instrumm -e. the covenants and agreements afeach s:1i -.b rider shall be incorporated into and shall amend and
<br />supplement the •onvenants and agreements of this Security InsTn,"ma'ent as if the rider(s) were a part wf this Security
<br />Instrument. (Check applicable box(es))
<br />❑ Adjustable Rate ;Rider ri] Condominium Rider [] 2-4 Fzmily Rider
<br />❑ Graduated Payment Rider [] Planned Unit Development Rider
<br />Other(s) [specify)
<br />BY SIGNING BELOW. Borrower accepts and agrees to terms and covenants contained Li this Security
<br />Instrument and in an}- . ider(s) executed by Borrower and recorded M,!th it
<br />i ..l
<br />....................................................... ............................... .... .. .... .. ....:.�,...�>•.!. ... .(Seal)
<br />harlesL'. Gee - Borrower
<br />STATE OP NEBRASKA,
<br />........' . ..h -.•J .(Seal)
<br />Rebecca E.. Gee xmMV,
<br />Hall Cc J.rity ss:
<br />.'On this. • 5th day t,f Sfay .19 89, before ale, the tmdcr%ipned. a Notary l'•;i.=:'ic
<br />d:;i,r:= ommissioned and qualified for said counts'. t;ersonally came Charles L. Gee and Rebesf.a E. Gea, each
<br />in his and,her own .- ght. and as spouse of each other n ws be the
<br />itkiiii -ical person(s) 5b ere ulbWribe:d to the foregoing ilrtitP:n�:nt and acknoi%kdi'a0;
<br />theteof to be their act and deed.
<br />Witness my hand and notari i' .;tall cl Grand Island, 1Nebraska in giitl 11w
<br />date afore aid. / 7
<br />!t$y' oinimission expires:
<br />161dw flf'Utlr3tala M ithntra ...,:. '! .. %'��..�.. �''•!..4'c°� -" .. ...... , ... .
<br />JDME*tA2t.EY RuQU1 -ST R KL(lr�i%'i YAN(J-
<br />�' Ltltet Erg 3BL 1.1!!
<br />•fit MIS
<br />I lie undersigned is the hCilder of the ii(tt:• or Mlle' � tt% iltt, lticsl tit f i tltil. w.u.� 11014- n! U• +1:`•, l•�l rGut.!
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<br />n tit vl uric~ -aud tau, f). «f ut lmo. tti tldi ;trt lfeh.:nti litr,l.•,_ gent) 1 +•rt�r.n::t. tulir.u! �.tn,unt. ,tile rlt, ;.rt•t
<br />flov, lield by wee trades flit, Ihctf tit i it, ,t lit lit. I-r,•:_,u,
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